Vonovia SE: Vonovia SE Shareholders approve ? 1.69 dividend at Annual General Meeting

DGAP-News: Vonovia SE / Key word(s): AGM/EGM Vonovia SE: Vonovia SE Shareholders approve ? 1.69 dividend at Annual General Meeting (news with additional features) 16.04.2021 / 16:41 The issuer is solely responsible for the content of this announcement. THE INFORMATION CONTAINED IN THIS DOCUMENT IS NOT SUITABLE FOR COMPLETE OR PARTIAL PUBLICATION OR DISCLOSURE TO OR WITHIN THE UNITED STATES OF AMERICA, AUSTRALIA, JAPAN OR OTHER COUNTRIES WHERE SUCH PUBLICATION OR DISCLOSURE WOULD CONSTITUTE A VIOLATION OF APPLICABLE LEGAL PROVISIONS. THIS PUBLICATION IS NEITHER AN OFFER TO BUY OR SELL NOR AN INVITATION TO TENDER AN OFFER TO BUY OR SELL SHARES. Vonovia SE Shareholders approve ?1.69 dividend at Annual General Meeting - Vonovia holds virtual Annual General Meeting - Vonovia once again offers a scrip dividend - Jürgen Fitschen: "We are all longing for normality" - Rolf Buch: "We keep our promises" Bochum, Germany, April 16, 2021 - At today's Annual General Meeting, the shareholders of Vonovia SE ("Vonovia") approved all resolutions proposed by the Supervisory Board and the Management Board with the required majority. This includes the modified remuneration system with embedded sustainability targets. In particular, they formally approved the actions of both bodies for the 2020 financial year with a large majority of the votes (Supervisory Board: 97.79 %; Management Board: 99.88 %). The dividend proposed by the Supervisory Board and the Management Board for the 2020 financial year met with broad approval among the shareholders. So Vonovia is now paying out ?1.69 per share, amounting to an increase of about 8% compared with last year. As before, shareholders can opt for receiving a scrip dividend instead of a conventional cash dividend. "We are all longing for normality. However, this time also shows us clearly how much we have been taking things in our lives for granted that cannot be taken for granted," said Chairman of the Supervisory Board Jürgen Fitschen. He subsequently emphasized: "To make its contribution to social harmony, a housing company needs to address a variety of issues: It has to create additional, new and affordable housing. There needs to be diversity within each neighbourhood, and the existing diversity must be improved. Climate protection requires resolute action. The supply of housing for the elderly and disabled has to be expanded and developed. And to do all this, we will need to move along new paths." Keeping promises "Defeating COVID-19 is a high priority," said Rolf Buch, CEO of Vonovia, in his speech. "But it's equally important to protect our climate and to keep an eye on other major concerns of our society. None of those things can wait, and at Vonovia we are certainly not going to sit back and wait. We are part of the solution." Turning to the shareholders, Buch emphasized: "We keep our promises - year after year. And it's important. We need you for everything we do and everything we plan." Mutual Trust "Everyone can rely on Vonovia: our tenants, our workforce, people in our society - and, of course, our shareholders," said Rolf Buch. "You can all rely on us to act sustainably and with an eye to the future." And the CEO addressed another dimension of trust: "Vonovia can also rely on you - on our tenants, on our workforce, in fact on all of you. So I'd like to take this opportunity to thank you very much indeed." In view of the COVID-19 pandemic Vonovia organized a virtual Annual General Meeting, as in 2020. Once again, the Bochum real estate company used a creative format. Representatives of the Supervisory Board and the Management Board spoke to the shareholders from the studio set up at the corporate headquarters in Bochum. The entire Annual General Meeting was also translated by sign language interpreters. As at the previous Annual General Meeting, several key stakeholders expressed their views in video statements. The shareholders followed the Annual General Meeting in a live stream. Shareholders had submitted their questions electronically in the period leading up to April 14. They were able to exercise their voting rights both in advance and during the Annual General Meeting, either per postal vote or by authorizing the company's proxies. In total, this corresponded to 76.73 % of the share capital. The Supervisory Board of Vonovia SE has the following members: Jürgen Fitschen (Chairman), Prof. Dr. Edgar Ernst (Deputy Chairman), Burkhard Ulrich Drescher, Vitus Eckert, Dr. Florian Funck, Dr. Ute Geipel-Faber, Daniel Just, Hildegard Müller, Prof. Dr. Klaus Rauscher, Dr. Ariane Reinhart, Clara-Christina Streit and Christian Ulbrich. The Management Board of Vonovia SE has the following members: Rolf Buch (CEO), Arnd Fittkau (CRO), Mag. Daniel Riedl (Development and Austria) and Helene von Roeder (CFO). The detailed voting results of the Annual General Meeting will be published at https://investoren.vonovia.de/agm. Supplementary material on the Annual General Meeting is also available at presse.vonovia.de/hauptversammlung. 2021 Financial Calendar May 4, 2021: Interim Statement for the first quarter of 2021 August 6, 2021: Interim Financial Report for 2021 November 4, 2021: Interim Statement for the first nine months of 2021 About Vonovia Vonovia SE is Europe's leading private residential real estate company. Vonovia currently owns around 416,000 residential units in all attractive cities and regions in Germany, Sweden and Austria. It also manages around 74,000 apartments. Its portfolio is worth approximately ? 58.9 billion. As a modern service provider, Vonovia focuses on customer orientation and tenant satisfaction. Offering tenants affordable, attractive and livable homes is a prerequisite for the company's successful development. Therefore, Vonovia makes long-term investments in the maintenance, modernization and senior-friendly conversion of its properties. The company is also creating more and more new apartments by realizing infill developments and adding to existing buildings. The company, which is based in Bochum, has been listed on the stock exchange since 2013. Since September 2015 Vonovia has been a constituent in the DAX 30 and since September 2020 in the EURO STOXX 50. Vonovia SE is also a constituent of additional national and international indices, including DAX 50 ESG, Dow Jones Sustainability Index Europe, STOXX Global ESG Leaders, EURO STOXX ESG Leaders 50, STOXX Europe ESG Leaders 50, FTSE EPRA/NAREIT Developed Europe, and GPR 250 World. Vonovia has a workforce of more than 10,000 employees. Additional Information: Approval: Regulated Market/Prime Standard, Frankfurt Stock Exchange ISIN: DE000A1ML7J1 WKN: A1ML7J Common code: 094567408 Registered headquarters of Vonovia SE: Bochum, Germany, Bochum Local Court, HRB 16879 Business address of Vonovia SE: Universitaetsstrasse 133, 44803 Bochum, Germany This press release has been issued by Vonovia SE and/or its subsidiaries solely for information purposes. This press release may contain statements, assumptions, opinions and predictions about the anticipated future development of Vonovia ("forward-looking statements") that reproduce various assumptions regarding, e.g., results derived from Vonovia's current business or from publicly available sources that have not been subject to an independent audit or in-depth evaluation by Vonovia and that may turn out to be incorrect at a later stage. All forward-looking statements express current expectations based on the current business plan and various other assumptions and therefore come with risks and uncertainties that are not insignificant. All forward-looking statements should not therefore be taken as a guarantee for future performance or results and, furthermore, do not necessarily constitute exact indicators that the forecast results will be achieved. All forward-looking statements relate solely to the day on which this press release was issued to its recipients. It is the responsibility of the recipients of this press release to conduct a more detailed analysis of the validity of forward-looking statements and the underlying assumptions. Vonovia accepts no responsibility for any direct or indirect damages or losses or subsequent damages or losses as well as penalties that the recipients may incur by using the press release, its contents and, in particular, all forward-looking statements or in any other way, as far as this is legally permissible. Vonovia does not provide any guarantees or assurances (either explicitly or implicitly) in respect of the information contained in this press release. Vonovia is not obliged to update or correct the information, forward-looking statements or conclusions drawn in this press release or to include subsequent events or circumstances or to report inaccuracies that become known after the date of this press release. Additional features: File: Vonovia AGM_210416 16.04.2021 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG. The issuer is solely responsible for the content of this announcement. The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Archive at www.dgap.de

Language:	English
Company:	Vonovia SE
	Universitätsstraße 133
	44803 Bochum
	Germany
Phone:	[phone]
Fax:	[phone]
E-mail:	[e-mail]
Internet:	www.vonovia.de
ISIN:	DE000A1ML7J1
WKN:	A1ML7J
Indices:	DAX
Listed:	Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg, Hanover, Munich, Stuttgart, Tradegate Exchange
EQS News ID:	1185889

End of News	DGAP News Service

1185889  16.04.2021